Insurance Law of the People's Republic of China (Adopted at the 14th Session of the Standing Committee of the Eighth National People's Congress on June 30, 1995, and promulgated by Order No. 51 of the President of the People's Republic of China on June 30, 1995)

Metadata

Manifest

Insurance Law of the People's Republic of China (Adopted at the 14th Session of the Standing Committee of the Eighth National People's Congress on June 30, 1995, and promulgated by Order No. 51 of the President of the People's Republic of China on June 30, 1995)

Chapter I - General Provisions

Article 2

Insurance" as the term is used in this Law means a commercial insurance whereby and insurance applicant, as contracted, pays the insurance premium to the insurer, and the insurer bears a liability to indemnify for property damage or losses caused by occurrence of possible accidents that are agreed upon in the contract, or to pay the insurance benefit when the insured person dies, is injured or disable, suffers diseases or reaches the age or term agreed upon in the contract.

started @The University of Tromsø, Norway, 1993
hosted by The University of Oslo, Norway, since 1998
in fellowship with The Institute of International Commercial Law,Pace University, White Plains, New York, U.S.A.